Question: When interest is compounded continously, the amount of When interest is compounded continuously, the amount of money S increases at a rate proportional to the
When interest is compounded continously, the amount of When interest is compounded continuously, the amount of money S increases at a rate proportional to the amount present at time t:dSdr=rS, where r is the annual rate of interest (sec(26) of Section 1.2).
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